Int'l Samuel, Canasia receive permit for survey grids

2009-01-20 08:20 ET - News Release

See News Release (C-ISS) International Samuel Exploration Corp (2)

Mr. Conrad Swanson of International Samuel reports

REED LAKE EXPLORATION COMMENCES

International Samuel Corp. and joint-venture partner Canasia IndustriesCorp. have received the permit for two grids totalling 24 linekilometres from the Manitoba government.

The companies are commencing line cutting and a surface geophysicalsurvey immediately. The survey will consist of 24 line kilometres ofhorizontal loop electromagnetic survey at 25-metre spacing and amagnetometer survey at 25-metre spacing.

The property is strategically located around the VMS Ventures Inc. basemetal discovery in the historic and very prolific Flin Flon miningcamp, with more than 27 significant mineral deposits continuouslydiscovered over the past 75 years. The most recent discovery isHudBay's Lalor Lake property, with 20 million tonnes of 8.8 per centzinc